More and more investors want their money to be going to companies who are doing good in the world, or at least to companies who are being responsible when it comes to the environment, social issues, and governance. Companies who are leading in this front may also be better positioned for future challenges and experience fewer instances of bribery, corruption, and fraud (bonus: giving you better returns on your investment)! Unfortunately, with socially responsible investing being fairly new on the scene, definitions can be unclear and terms are often used interchangeably. Listen as we dive into this topic, giving you the knowledge to help you decide what socially responsible investing means to you.
If you’re wanting to get started and feel overwhelmed, it’s easy to just get the ball rolling with either Fidelity or Vanguard. I recently shared how it’s free and easy to get investing with M1 – check out their responsible investing pies.
During this episode we both enjoyed a Toffee Stout by Carolina Brewery which you can find on Untappd. Another big thanks to Emma in NC for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts, Castbox, or wherever you get your podcasts- we’d love to hear from you.
Best friends out!
2 comments
Vanguard’s VFTAX and FTSE funds really bum me out. They’re comprised of the same ‘ole companies, almost none of which are doing any real good.
Yes, socially responsible investing is a helpful topic especially, to those businesses who need to treat their employees well, create healthy products and services, and steer clear of unethical or predatory business practices. Thanks for reminding us that there is a need to be a socially responsible in investing. Keep your contents coming!